What risk and uncertainties should be considered while making a lease
vs. buy decision?

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Request for Question Clarification by pinkfreud-ga on 15 Aug 2006 12:22 PDT

Leasing or buying what? Are you speaking of a car, or a house, or ???

The risks and uncertainties will be different depending on what is
being leased or bought.

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Clarification of Question by pachina-ga on 15 Aug 2006 12:30 PDT

When leasing or purchasing computer mainframe, building, and or equipment.

The second part to the question is How do these risks and
uncertainties affect capital budgeting?

The item matters greatly.  Computers depreciate madly, buidlings may
appreciate.  To me that's the key to the decision.